Mobileye NV (MBLY) is Barings LLC’s 10th Largest Position
Barings LLC maintained its position in Mobileye NV (NYSE:MBLY) during the 2nd quarter, according to its most recent filing with the SEC. The fund owned 817,420 shares of the software maker’s stock at the close of the 2nd quarter. Mobileye NV makes up about 1.3% of Barings LLC’s holdings, making the stock its 10th biggest holding. Barings LLC owned approximately 0.37% of Mobileye NV worth $50,190,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of MBLY. Bank of New York Mellon Corp grew its stake in shares of Mobileye NV by 10.4% during the 1st quarter. Bank of New York Mellon Corp now owns 450,859 shares of the software maker’s stock worth $27,683,000 after acquiring an additional 42,488 shares during the period. Comerica Bank raised its stake in Mobileye NV by 0.6% in the 1st quarter. Comerica Bank now owns 18,481 shares of the software maker’s stock valued at $1,145,000 after acquiring an additional 118 shares during the period. UBS Asset Management Americas Inc. raised its stake in Mobileye NV by 13.0% in the 1st quarter. UBS Asset Management Americas Inc. now owns 360,353 shares of the software maker’s stock valued at $22,126,000 after acquiring an additional 41,365 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in Mobileye NV by 26.3% during the first quarter. Parametric Portfolio Associates LLC now owns 135,356 shares of the software maker’s stock valued at $8,311,000 after purchasing an additional 28,149 shares during the last quarter. Finally, M&T Bank Corp purchased a new stake in Mobileye NV during the first quarter valued at about $292,000. Institutional investors and hedge funds own 60.95% of the company’s stock.
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A number of research firms have recently commented on MBLY. BidaskClub lowered Mobileye NV from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Jefferies Group LLC reaffirmed a “hold” rating and set a $63.54 target price on shares of Mobileye NV in a report on Thursday, July 6th. Two analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $55.30.
Mobileye NV (MBLY) traded down 0.43% during mid-day trading on Tuesday, reaching $62.67. 741,638 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $63.15 and a 200-day moving average price of $61.19. Mobileye NV has a 12-month low of $33.69 and a 12-month high of $63.56. The stock has a market capitalization of $13.91 billion, a PE ratio of 122.88 and a beta of 0.90.
About Mobileye NV
Mobileye N.V. is engaged in the development of computer vision and machine learning-based sensing, mapping and driving policy technology for advanced driver assistance systems and autonomous driving technologies. The Company operates through two segments: Original Equipment Manufacturing, which supplies the software algorithms and EyeQ chip, and After Market, which sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.
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